There has been a LOT of big shifting in ownership of Games Workshop in 2013.
Take a look at this:
As of [URL="http://investor.games-workshop.com/shareholder-statistics/"]March 31, 2013 the major shareholders[/URL] look like this:
Shareholder Number of shares Percentage The Nomad Investment Partnership LP 5,154,141 16.2% Investec Asset Management Ltd 3,087,765 9.7% [URL="http://www.ruffer.co.uk/"]Ruffer LLP[/URL] 2,557,260 8.1% Tom Kirby 2,131,394 6.7% Phoenix Asset Management Partners Ltd. 1,865,218 5.9% [URL="https://www.fidelityworldwideinvestment.com/global/default.page"]FIL Limited[/URL] 1,753,900 5.5%
And here's what it looked like in early January 2013:
Shareholder Number of shares Percentage The Nomad Investment Partnership LP 5,800,000 18.7% Investec Asset Management Ltd 5,700,000 18.3% Phoenix Asset Management Partners Ltd. 2,900,000 9.3% Tom Kirby 2,131,394 6.7% [URL="http://www.ruffer.co.uk/"]Ruffer LLP[/URL] 800,000 2.5% [URL="https://www.fidelityworldwideinvestment.com/global/default.page"]FIL Limited[/URL] 800,000 2.5%
Some notes:
The largest three institutional investors (Nomad, Investec, Phoenix) begin selling off their GW portfolios within 1 week of the announcement of CEO Mark Wells leaving the company.
FIL and in particular Ruffer begin to purchase GW equity at a large rate. Ruffer bought a large set of shares as recently as March 21, 2013, bringing them above the 8% ownership mark.
Games Workshop equity has been fairly locked up and unchanged for a long time prior to 2013.
Thoughts and ideas?
Company about to skyrocket?
Company about to crater?
Company about to get bought?
Business as usual?